Dassault Systemes to buy Medidata Solutions in $5.8 billion deal

French technology company Dassault Systemes has agreed to buy Medidata Solutions, a U.S. software company dealing in the sphere of clinical trials, in a record deal for Dassault worth $5.8 billion on ...

Pentagon gets 8.8% discount in $34 billion F-35 jet deal The U.S. Department of Defense has a "handshake" agreement with Lockheed Martin Co to cut 8.8 percent from the price of its latest order of F-35A fighter jet, shaving a year from the time frame in which each aircraft will cost less than $80 million, a Pentagon official said on Monday....22:13 2019-06-10

LSE's $27 billion deal rehabilitates Refinitiv debt Financial data firm Refinitiv's $13.5 billion debt, once described as having some of the weakest-ever investor protections typical of the frothy peak of the credit cycle, is being rehabilitated by its $27 billion merger with the London Stock Exchange....18:39 2019-08-01

Infineon to buy Cypress Semiconductors in $10 billion deal Infineon has agreed to buy Cypress Semiconductors in a deal valuing the U.S. maker of microchips used in cars and electronic devices at 9 billion euros ($10.1 billion), including debt, the German company said on Monday....10:13 2019-06-03

EU clears Vodafone's $22 billion Liberty deal Brussels gave its blessing to Vodafone's $22 billion purchase of Liberty Global's cable networks in Germany and central Europe, clearing the way for the British company to become Europe's largest mobile, broadband and TV provider....18:52 2019-07-18

Salesforce to buy Tableau Software in $15.3 billion deal Salesforce.com said on Monday it would buy big data company Tableau Software for $15.3 billion in an all-stock deal, marking the biggest acquisition in the company’s history. Tableau shareholders will get 1.103 Salesforce shares, valuing the offer at $177.88 per share, which represents a premium of ...16:26 2019-06-10

Aramco Bulks Up on Refining With $15 Billion Deal Saudi Aramco is buying a stake in Reliance’s energy business, worth some $15 billion including debt, a move that would help match its enormous crude production with refining capacity, as it gears up for its planned IPO....12:26 2019-08-12

Hasbro Picks Up Peppa Pig in $4 Billion Deal Hasbro is making a big bet on entertainment aimed at young children by acquiring Entertainment One for $4 billion in cash. Executives cite Peppa Pig as a brand that generates strong earnings from the likes of live shows, theme parks, toys and television....10:26 2019-08-23

Singer slashes $2 billion bid for QEP, throwing deal into doubt Yet another bold buyout engineered by Paul Singer is in danger of fizzling. The hard-charging billionaire’s activist hedge fund Elliott Management has slashed the price of its takeover bid for energy company QEP Resources, throwing the $2 billion deal into doubt, The Post has learned. Elliott — famo...23:26 2019-07-18

Microsoft, AT&T sign cloud deal worth more than $2 billion Microsoft Corp and AT&T Inc on Wednesday said they reached a deal under which the telecommunications company will tap Microsoft's Azure cloud service for its computing needs and use Microsoft 365, which includes Office productivity software, for much of its 268,000-strong workforce....16:39 2019-07-17

UPDATE 1-EU clears Vodafone's $22 billion Liberty deal Brussels gave its
blessing to Vodafone's $22 billion purchase of Liberty
Global's cable networks in Germany and central Europe,
clearing the way for the British company to become Europe's
largest mobile, broadband and TV provider....14:26 2019-07-18

Ray-Ban Maker Strikes $6.1 Billion Deal for European Rival EssilorLuxottica agreed to buy control of European rival GrandVision for about $6.1 billion, in a move that would further cement the Ray-Ban maker’s global position as the leading manufacturer and retailer of eyewear and lenses....18:13 2019-07-31

Gilead deepens Galapagos ties with $5.1 billion deal Gilead Sciences Inc will invest $5.1 billion to raise its stake in Galapagos NV and partner with the Belgian-Dutch biotech firm to develop and commercialize its treatments for a ten-year period, the companies said on Sunday....00:26 2019-07-15

Oxford University Signs $5 Billion Deal With Investor The University of Oxford signed a deal with U.K. insurer and asset manager Legal & General to provide $5 billion in funding over 10 years to build graduate student housing, subsidized accommodation for university staff and income-generating science parks....21:26 2019-06-27

CBS and Viacom agree to sign $30 billion merger deal CBS and Viacom have reached a long-rumored merger agreement. The two companies announced today that they will reunite as ViacomCBS. According to The Wall Street Journal, CBS and Viacom hope that, together, they'll be better positioned to fight agains......21:13 2019-08-13

Infineon digs deep to buy Cypress in $10 billion deal Infineon has agreed to buy Cypress Semiconductors in a deal that values the U.S. maker of microchips used in cars and electronic devices at 9 billion euros ($10.1 billion) including debt, sending shares in the German company lower on concerns over the cost....12:00 2019-06-03

UPDATE 1-Microsoft, AT&T sign cloud deal worth more than $2 billion Microsoft Corp and AT&T Inc
on Wednesday said they reached a deal under which the
telecommunications company will tap Microsoft's Azure cloud
service for its computing needs and use Microsoft 365, which
includes Office productivity software, for much of its
268,000-strong workforce....16:52 2019-07-17

Infineon revs up auto business with $10 billion Cypress deal Germany's Infineon has agreed to buy Silicon Valley-based Cypress Semiconductor for $10 billion, in an expensive move by Europe's largest chip-maker to expand further in next-generation automobiles and Internet technologies....21:39 2019-06-03

Amazon grabs a piece of the Yankees network in a $3.47 billion deal Disney sold its stake in the YES Network to an investor group that includes the Yankees, Amazon and Sinclair Broadcasting. The group announced today that it was acquiring the 80 percent stake in the YES Network previously held by Disney in a $3.47 bi......16:39 2019-08-30

Sotheby’s to go private in deal valuing action house at $2.66 billion Patrick Drahi, the billionaire behind telecoms and media group Altice, has agreed to buy art auction house Sotheby’s in a deal valuing it at $2.66 billion. Sotheby’s said it had signed a definitive agreement to be acquired by BidFair USA, an acquisition vehicle set up by Drahi, that had ...16:39 2019-06-17

New Media shares fall on details of $1.4 billion Gannett deal The biggest publishing merger of the year is starting to look like a bust. Shareholders of New Media Investment Group — the publicly traded subsidiary of newspaper owner Gatehouse Media — have sent the stock on a dizzying downward spiral since Monday. That’s when Gatehouse, the second-biggest newspa...06:00 2019-08-07

Trump defies China: $8 billion F-16 fighter jet deal for Taiwan approved The Trump administration has formally approved a major $8 billion arms sale to Taiwan involving 66 new F-16C/D fighter jets, the State Department announced Tuesday, a move that comes amid heightened tensions between Washington and Beijing over a range of issues, including trade and Hong Kong....14:39 2019-08-21

Apple closes in on $1 billion deal to buy Intel’s modem business: report Enlarge / Apple CEO Tim Cook. (credit: Patrick T. Fallon/Bloomberg via Getty Images)
Apple is in the final stages of negotiations to buy the bulk of Intel's modem chip business, The Wall Street Journal reports. The Journal says the deal, valued at $1 billion or more, could be finalized in the next...21:26 2019-07-23

Swiss telco Sunrise fights to save $6.4 billion Liberty deal Swiss telecoms firm Sunrise Communications on Thursday stepped up efforts to rescue its takeover of Liberty Global's Swiss unit amid criticism from its top shareholder, saying it had found new synergies and could cut a planned rights issue to fund the deal....19:13 2019-08-22

Senate votes to block Trump’s $8 billion Saudi arms deal ​The Senate voted on Thursday to block the Trump administration’s $8 billion arms deal with Saudi Arabia,​ but the numbers were not enough to overturn a veto by President Trump. The Republican-led Senate filed 22 resolutions — one for each of the contracts — and grouped them into three votes. ...21:52 2019-06-20

Roche, Spark push back takeover deadline in $4.3 billion deal Swiss drugmaker Roche has agreed to extend the takeover deadline in its $4.3 billion bid for U.S. gene therapy specialist Spark Therapeutics , adding it remains "fully committed" to the transaction and expects it to close this year....17:00 2019-07-08

France seals 1.2 billion euro navy ship deal with Romania France's defense ministry said on Wednesday that defense firm Naval Group had won a 1.2 billion euro ($1.35 billion) contract to build four Gowind navy corvettes for Romania, as it looks to ensure security in the Black Sea....15:52 2019-07-03

Best MDM solutions in 2019 The use of mobile devices within a corporation has become an ordinary part of modern business, but having so many devices operating both within and outside the company offices can be a real headache to manage.This is especially because of the security risk they pose, as one lost cell phone with acce...23:39 2019-06-15

Not enough resettlement solutions for refugees worldwide, says UN Despite record numbers of people forcibly displaced across borders, with 1.2 million in need of a new permanent place to call home last year, the UN refugee agency (UNHCR) released new data on Tuesday showing that only 55,700 of them – 4.7 per cent – were able to be resettled in 2018....16:00 2019-05-21

Jio, Microsoft to Partner for Cloud Solutions Reliance Industries (RIL) on Monday announced partnership of its subsidiary Reliance Jio Infocomm with Microsoft in the technology space, including creation on cloud solutions....19:52 2019-08-12

Despite wacky ideas, no hurricane solutions on the horizon Hurricane Dorian has come, gone and created a lot of damage to property and to the economy. And nobody will miss Dorian except the TV news shows that managed to inundate us with storm coverage. What would these people do if we could prevent hurricanes? Lucky for them, we probably can’t, although a l...09:00 2019-09-10

11 Genius Storage Solutions to Organize Your Home We love these products, and we hope you do too. E! has affiliate relationships, so we may get a small share of the revenue from your purchases. Items are sold by the retailer, not E!.
You......12:39 2019-06-23

Manufacturing remains climate challenge with few solutions Members of both parties are aiming to help reduce carbon emissions that result from the manufacturing of products like steel, cement, and iron — one of the most challenging but overlooked components of combating climate change....06:00 2019-08-02

K Flay: Solutions review – reasons to be cheerful (Night Street/Interscope)Joining the many trying to find hard-won notes of positivity amid climate catastrophe and political car crashes, Illinois native Kristine Flaherty has dedicated her third album to mustering “green lights, brighter views… to pull me through”, as she puts it on Good News, whic...17:00 2019-07-08

Tel Aviv museum showcases climate change solutions The "Fridays for Future" protests have reinvigorated the debate on climate change around the world. An exhibition in Tel Aviv now shows how cities can use innovative technologies to limit the effects of global warming....16:13 2019-07-22

Brexit minister complains EU has offered no solutions to Irish backstop Exclusive: Stephen Barclay insists both UK and Brussels should propose alternativesLatest Brexit developments - live updatesThe Brexit secretary, Stephen Barclay, has complained to EU ambassadors that Brussels is failing to come up with ideas for replacing the Irish backstop as talks with the bloc b...22:26 2019-09-04

The Best Camp Lighting Solutions to Brighten Dark Nights Outdoors My fondest camping memories from when I was a kid involve this old green lantern my parents always set on the picnic table. It used kerosene and mantles to produce light, and I have vivid memories of my dad telling us kids to “Stand back!” every time he lit the lantern for fear the thing would unint...00:13 2019-07-03

Hong Kong’s Leader Offers No Solutions After Night of Violence Hong Kong leader Carrie Lam failed Monday to allay public anger over violent attacks in the city overnight, condemning what she called “riotous” protesters who vandalized a Chinese government building before expressing “regret” that a gang of men armed with rods and cudgels a...11:13 2019-07-22

The next global recession will be immune to monetary solutions | Nouriel Roubini Unlike in 2008, we now face the consequences of three potential negative supply shocks There are three negative supply shocks that could trigger a global recession by 2020. All of them reflect political factors affecting international relations, two involve China, and the United States is at the cen...18:00 2019-08-23

Lego strikes deal to buy back Legoland; deal includes Madame Tussauds The owner of popular Lego brand toys is about to be reunited with Legoland theme parks — and wax museum Madame Tussauds. A group of investors, including the family behind toy giant Lego, has agreed to pay for $7.5 billion for Merlin Entertainments, which operates Legoland theme parks and Madame Tuss...20:13 2019-06-28

Deal: Apple Watch Series 4 LTE killer deal drops price to all-time low Prices for the newest Apple smartwatch start at $400, but the cheapest model doesn't come with cellular support. However, for $100 extra, anyone can buy an Apple Watch Series 4 (GPS + cellular) and pair it with any of the major carriers in the US, including AT&T, Sprint, T-Mobile and Verizon. Unsurp...21:00 2019-06-20

Deal: Apple iPad mini 5 deal gets you $70 off a new model The iPad mini series is great for mobility, it's smaller than a regular tablet and slightly larger than the biggest smartphone. The iPad mini tablets were so loved by Apple fans that the Cupertino-based company had to bring back the lineup by popular demand.One of the most recent tablets launched by...22:52 2019-06-18

Deal or no deal: what next for Brexit, the Tories and the country? Things will have to move fast if the new PM is to take the UK out of the EU before 31 OctoberToday’s developments - liveNow that Theresa May has announced her resignation date, what happens next?Initially nothing. She will remain in post to bear the burden of the European election results, which wil...20:52 2019-05-24

Brexit Under Boris Johnson: Deal or No Deal? Theresa May’s designated successor as prime minister says he is willing to leave the European Union without an agreement, despite dire predictions and opposition in Parliament....20:01 2019-07-23

The UK after May: no-deal, new deal, socialism - or no Brexit? The end of Theresa May's premiership will usher in an even more turbulent phase of Britain's exit from the European Union as any new leader is likely to seek to strike a tougher divorce deal, and there could be an election within months....19:39 2019-05-23

The Man With the $13 Billion Checkbook How Darren Walker, a gay black man who grew up poor in Texas, came to be one of the best connected people in New York City. And what that means for the future of philanthropy....11:13 2019-07-12

Deal or no deal, US needs Mexicans Trump has used tariffs as a stick to threaten the US's trading partners into submission, as in his spat with Mexico. But if the US cuts immigration from its southern neighbors, who will do the jobs Americans don't want?...02:00 2019-06-11

U.S. to Sell $150 Billion in Debt The U.S. Treasury Department will auction $150 billion in securities next week, comprising $74 billion in new debt and $76 billion in previously sold debt....20:00 2019-06-06

'Pokémon Go' has racked up 1 billion downloads So much for Pokémon Go's initial success being nothing more than a fad. The Pokémon Company has released a series of videos in Japanese noting that Niantic's location-based mobile game has been downloaded over 1 billion times since lau......01:26 2019-08-01

Netflix has shipped 5 billion discs Streaming dominates Netflix's universe, but don't think its disc-based service is dead yet -- in fact, it just marked a big milestone. The other part of Netflix's business just shipped its 5 billionth disc (Rocketman, if you're curious) 21 years aft......10:00 2019-08-27

Treasury to Sell $94 Billion in Debt The U.S. Treasury Department next week will auction $94 billion in securities, ranging from 13-week bills to 30-year Treasury inflation-protected securities....23:52 2019-08-16

UN to appeal for $1.2 billion to help 5 million Palestinians The head of the U.N. agency for Palestinian refugees says he hopes donors will be as generous this year as they were last year after the United States cut all funding for the $1.2 billion program to help some 5 million Palestinians...01:13 2019-06-22

PG&E to pay $1 billion to governments for wildfire damage SAN FRANCISCO (AP) — A California utility blamed for igniting several wildfires that killed dozens and destroyed thousands of homes has agreed to pay $1 billion to local governments.
Attorneys representing 14 local public entities announced the settlement with Pacific Gas & Electric on Tuesday to co...23:52 2019-06-18

Over $1 billion of cocaine seized in Philadelphia U.S. authorities seized more than $1 billion worth of cocaine Tuesday from a ship at a Philadelphia port, calling it one of the largest drug busts in American history. (June 18)
...00:13 2019-06-19

Cisco to Buy Acacia Communications for About $2.6 Billion Cisco Systems is buying Acacia Communicationsm a maker of high-speed, optical interconnect technologies, for about $2.6 billion, or $70 a share, looking to meet rising demands on performance of networking gear....17:26 2019-07-09

Treasury to Sell $162 Billion in Debt The U.S. Treasury Department will auction next week $162 billion in securities, comprising $123 billion in new debt and $39 billion in previously sold debt....00:26 2019-08-02

Treasury to Sell $113 Billion in Debt The U.S. Treasury Department will auction $113 billion in securities next week, comprising $62 billion in new debt and $51 billion in previously sold debt....19:26 2019-06-13

Uber Lost Another Billion Dollars, NBD Uber’s first quarterly earnings report as a publicly-traded company tells us much of the same as every other report the company has ever released about its finances: they can’t stop, won’t stop losing so much freaking money....01:26 2019-05-31

Salesforce to buy Israel's ClickSoftware for $1.35 billion U.S. cloud-based service provider Salesforce agreed to buy U.S.-Israeli software developer ClickSoftware for $1.35 billion in cash and shares, in a bid to accelerate growth of its cloud-based products to manage customer service operations....15:00 2019-08-08

Google to pay $1.1 billion in France following tax probe After a four-year investigation, Google has agreed to pay almost €1 billion ($1.10 billion) to French authorities because it did not fully declare its tax activities in the country, as reported by Reuters. The payment covers a €500 million......19:39 2019-09-13

U.S. demands $12.7 billion in judgment against 'El Chapo' U.S. authorities said on Friday they were seeking a court order requiring Mexican drug lord Joaquin "El Chapo" Guzman to forfeit $12.7 billion following his conviction for racketeering and drug trafficking crimes earlier this year....11:00 2019-07-06

WeWork may seek IPO valuation as low as $10 billion WeWork’s parent company may seek a valuation as low as $10 billion in its looming public debut, a dramatic discount to the $47 billion valuation it achieved in January, people familiar with the matter said on Friday. The deliberations indicate that WeWork does not feel confident that the corpo...19:39 2019-09-13

StockX Is Latest $1 Billion Unicorn StockX, an online marketplace that lets individuals trade sneakers like stocks, closed a round of venture funding that valued the startup at more than $1 billion, riding the sneaker-reselling craze fueled by teens....21:26 2019-06-27

GE's New Billion-Dollar Problem? Boeing's MAX Just as General Electric says it is making progress on some of the conglomerate’s thorniest problems, the extended grounding of Boeing’s 737 MAX jet is putting a fresh strain on its finances....14:00 2019-08-01

Facebook not worried about $5 billion FTC fine Facebook’s eye-popping $5 billion FTC fine may have set a record, but it’s a drop in the bucket for owner Mark Zuckerberg. Zuckerberg, who has a net worth of $79.8 billion according to Bloomberg, could pay the fine out-of-pocket and still remain comfortably placed as the fifth-richest man in the wor...09:26 2019-07-25

Huawei says U.S. ban will cost it $30 billion in sales The Trump administration last month barred companies from selling U.S. technology to Huawei amid fears that the company could tap into and monitor sensitive U.S. communications through its network technology....18:26 2019-06-17

WSJ: Facebook reaches $5 billion FTC settlement The inevitable has happened for Facebook. After weeks of reports that the company was working to settle with the Federal Trade Commission (FTC) over its privacy practices, the two parties have finally come to an agreement. The Wall Street Journal rep......01:26 2019-07-13

CBS unlikely to pay Lionsgate’s $5.5 billion price tag for Starz Lionsgate’s chances of selling its Starz TV network to CBS for $5.5 billion just shrank — by about $2 billion. Investors in the film studio behind “The Hunger Games” made it abundantly clear this week that they don’t see CBS writing a $5-billion-plus check to Lionsgate to acquire Starz, the station ...05:39 2019-05-25

Microsoft posts a record $29.1 billion Q1. Same old, same old (credit: Julien GONG Min / Flickr)
Microsoft has posted the results of the first quarter of its 2019 financial year, which runs up until September 30, 2018. Revenue was $29.1 billion, up 19 percent year on year, to set a new record for the company's first quarter. Operating income rose 29 percent ...14:52 2019-05-21

Treasury to Sell $112 Billion in Debt The U.S. Treasury Department will auction next week $112 billion in securities, comprising $76 billion in new debt and $36 billion in previously sold debt....20:39 2019-07-11

More than €10 Billion Traded on Bats LIS Since Launch LONDON – 26 September 2017 – Bats Europe, a CBOE Holdings, Inc. company and the region’s largest equities exchange operator, today reported that more than €10 billion has executed on Bats LIS, its block trading platform powered by BIDS technology, since its launch less than 10 months ago....21:52 2019-05-21

Microsoft to invest $1 billion in OpenAI Microsoft Corp said on Monday it was investing $1 billion in San Francisco-based OpenAI and that the two had formed a multi-year partnership to develop artificial intelligence supercomputing technologies on Microsoft's Azure cloud computing service....16:39 2019-07-22

Treasury to Sell $203 Billion in Debt The U.S. Treasury Department will auction $203 billion in securities next week, comprising $149 billion in new debt and $54 billion in previously sold debt....20:13 2019-05-23

The Company IBM's Buying For 34 Billion Dollars International Business Machines Corp said on Tuesday it has closed its $34 billion acquisition of software company Red Hat Inc as it looks to ramp up its cloud computing business....20:52 2019-07-09

Facebook Agrees to Pay $5 Billion in FTC Settlement Facebook agreed to pay a record $5 billion fine and better police its data-privacy practices to settle a long-running federal investigation that has damaged the company’s standing with consumers and clouded its future....17:00 2019-07-24

Reckitt to pay $1.4 billion to end Indivior probe Britain's Reckitt Benckiser will pay up to $1.4 billion to resolve all U.S. federal investigations into the sales and marketing of an opioid addiction treatment by its former prescription pharmaceuticals business Indivior ....09:26 2019-07-11

BP to Exit Alaska With $5.6 Billion Sale BP, a leading oil company in Alaska for six decades, is selling all of its assets in the state to Hilcorp Energy for $5.6 billion. The British company’s departure marks the latest blow to the Alaskan oil sector....12:00 2019-08-28

Crackdown targets scammers behind 1 billion robocalls Federal authorities announced a major crackdown on dozens of robocallers responsible for about 1 billion robocalls. The effort, dubbed “Operation Call it Quits,” included actions by the Federal Trade Commission and 25 additional federal, state and local agencies, to target spam call oper...19:00 2019-06-27

Germany's Metro says $6.6 billion bid undervalues company Metro said that an unsolicited offer by two prominent investors to take over the German retailer substantially undervalues it and advised shareholders on Sunday to hold off on taking action until management comments further....17:39 2019-06-23

Cyprus says it stands to gain $9 billion from gas field NICOSIA, Cyprus (AP) — Cyprus’ energy minister says the east Mediterranean island nation stands to gain more than $9 billion over 18 years from the export of gas from its offshore ‘Aphrodite’ field.
Georgios Lakkotrypis said Wednesday that a renegotiated contract with the consortiu...13:52 2019-06-05

Universe might be 2 billion years younger: study Researchers at the Max Planck Institute in Germany have said the cosmos is expanding faster than previously believed, leading them to believe the universe is significantly younger. But some are skeptical of the findings....04:00 2019-09-13

Big Five leagues spend over $6 billion in transfer window "Spending by teams in Europe\u0027s Big Five leagues totalled a record 5.5 billion euros ($6.13 billion) during the close season transfer window, financial analyst Deloitte\u0027s Sports Business Group said on Tuesday."...14:39 2019-09-03

US Advances $8 Billion Sale Of F-16 Fighters To Taiwan The White House has advanced a proposal to sell $8 billion worth of advanced F-16 fighter jets to Taiwan, a move that would likely anger strategic rival Beijing, a senior US senator confirmed Friday....23:00 2019-08-16

Cboe FX Reports Record ADV of $42.6 Billion in January NEW YORK and LONDON – 5 February 2018 – Cboe Global Markets, Inc. (Cboe: CBOE | Nasdaq: CBOE), one of the world’s largest exchange holding companies, today announced its foreign exchange (FX) market, Cboe FX, reported record spot average daily volume (ADV) of $42.6 billion in January, surpassing its...21:52 2019-05-21

One in a billion: Why Virat Kohli represents a 'new India' In a country where cricket's unifying importance is tantamount to that of religion, the role of leading India into a World Cup comes with a certain divinity -- both an unrivaled privilege and the not insubstantial pressure of carrying the weight of a nation's expectations on your shoulders....14:00 2019-05-22

World population to reach 9.7 billion by 2050 — UN The United Nations predicts that half of this growth will take place in only nine countries, as the world is getting older overall. India is projected to become the world's most-populated country by 2027....03:26 2019-06-18

Facebook plans its own currency for 2 billion-plus users SAN FRANCISCO (AP) — Facebook is launching a new digital currency to make e-commerce accessible to more people around the world.
The social media giant is announcing Libra, a cryptocurrency it is creating with more than two dozen partners including Uber, PayPal, Visa and Spotify.
The digital currenc...14:26 2019-06-18

Callon Petroleum to Buy Carrizo Oil for $1.2 Billion in Stock Callon Petroleum has said it would buy Carrizo Oil & Gas Inc. for $1.2 billion in stock as the oil company seeks to build scale in key production areas in Texas, including in the Permian Basin and Eagle Ford shale production areas....18:26 2019-07-15

US trade deficit shrinks to $50.8 billion in April WASHINGTON (AP) — The U.S. trade deficit shrank in April, but the politically sensitive deficit with China moved higher.
The Commerce Department says the gap between the goods and services the U.S. buys and what it sells abroad fell 2.1% to $50.8 billion in April from March. Exports fell 2.2% to $20...15:26 2019-06-06

PG&E agrees to pay $1 billion to governments for wildfire damage SAN FRANCISCO (AP) — A California utility blamed for igniting several wildfires that killed dozens and destroyed thousands of homes has agreed to pay $1 billion to local governments.
Attorneys representing 14 local public entities announced the settlement with Pacific Gas & Electric on Tuesday to co...04:26 2019-06-19

PG&E to float $31 billion restructuring plan: Bloomberg Power producer PG&E Corp will propose a $31 billion bankruptcy restructuring plan that will include two funds worth a total of $34 billion to cover past and future wildfire claims, Bloomberg reported https://twitter.com/scottdeveau/status/1142117995680030720 on Friday....20:13 2019-06-21

Lawmakers pass $11.8 billion Arizona budget PHOENIX (AP) – The Latest on action at the Arizona Legislature as members rush to adjourn for the year (all times local):
9:15 p.m.
Arizona has a new $11.8 billion budget after lawmakers overcame tense infighting among Republicans, who hold narrow majorities in the House and Senate.
Budget bil...18:13 2019-05-28

Trump signs $4.6 billion border aid package President Donald Trump signed a $4.6 billion aid package on Monday to help the federal government cope with the surge of Central American immigrants at the U.S.-Mexico border. (July 1)
...05:13 2019-07-02

5G auction in Germany raises €6.5 billion from four telcoms After hundreds of rounds of bidding over nearly three months, Germany raised more than expected from its 5G spectrum auction. Auction winners will have to supply households with fast internet and share their networks....15:26 2019-06-13

Constitutionality of $16 billion of Illinois bonds challenged The sale of $10 billion of general obligation bonds in 2003 and $6 billion in 2017 by Illinois was unconstitutional because the proceeds were used for loans to the state's pension funds or to finance budget deficits, according to a court filing on Monday....01:26 2019-07-02

Mozambique seeks $3.2 billion to recover from cyclones JOHANNESBURG (AP) — Mozambique says it needs $3.2 billion to recover from a pair of tropical cyclones that ripped into the southern African nation this year and killed more than 600 people.
That’s according to a government assessment for a global pledging conference that begins Friday.
Some ai...11:26 2019-05-30

PG&E shareholders outline possible $15 billion rights issue PG&E Corp shareholders have
committed to engaging in a rights offering worth a potential $15
billion in support of a planned reorganization of the embattled
company, according to a company filing on Thursday. [https://bit.ly/2GVp33o
]...17:26 2019-08-08

Palestinians reject US's €50 billion peace plan Palestinian officials have described as "abstract promises" a new $50 billion investment plan for the Palestinian economy. The Palestinian Authority will boycott a two-day peace conference in Bahrain next week....03:13 2019-06-23

Sri Lanka In Talks With China For $1 Billion Loan Sri Lanka is seeking a loan of nearly $1.0 billion from China for energy and highways as the island recovers from the devastating Easter Sunday bombings, the finance ministry said Thursday....16:52 2019-06-20

Study finds that a GPS outage would cost $1 billion per day Enlarge / The first of the Air Force's new GPS 3 satellites launches on a SpaceX Falcon 9 rocket in December, 2018. (credit: SpaceX)
Since becoming fully operational in 1995, Global Positioning System technology has become widely adopted in the United States and abroad. The concept of satellite-ba...19:26 2019-06-14

Uber's First-Quarter Loss Tops $1 Billion The ride-hailing company’s loss topped $1 billion in its first quarterly report as a public company, affirming its continuing challenge of spending heavily to fend off ride-hailing and delivery rivals....23:52 2019-05-30

TechnipFMC awarded $7.6 billion contract for Arctic LNG-2 Oil services firm TechnipFMC
said on Tuesday it had been awarded a major engineering,
procurement and construction contract by Russia's Novatek
and its partners for the Arctic 2 liquefied natural gas
project in western Siberia....01:26 2019-07-24

China to slap tariffs on $75 billion in US goods China plans to slap new tariffs on $75 billion worth of American products as retaliation against President Trump’s latest round of duties in the latest escalation of the trade war between Washington and Beijing....16:39 2019-08-23

Huawei's US ban may cost $30 billion, but it vows to rebound If you were wondering what the short-term cost of America's war with Huawei was, then your estimates can begin at the $30 billion mark. That's the figure Huawei chief Ren Zhengfei mentioned earlier today when discussing the hit his company will take......16:00 2019-06-17

China Announces New Tariffs on $75 Billion in U.S. Goods (BEIJING) — China on Friday announced tariff hikes on $75 billion of U.S. products in retaliation for President Donald Trump’s latest planned increase, deepening a conflict over trade and technology that threatens to tip a weakening global economy into recession.
China also will increase...17:26 2019-08-23

Prudential buys Assurance IQ for $2.35 billion in new tech bet Prudential Financial Inc is set to buy online insurance startup Assurance IQ Inc for $2.35 billion, the latest in a series of moves by traditional insurers to up investment in technology and data crunching by buying Silicon Valley startups....20:39 2019-09-05

FTC Approves Roughly $5 Billion Facebook Settlement The Federal Trade Commission voted this week to approve a roughly $5 billion settlement with Facebook over a long-running probe into the tech giant’s privacy missteps, according to a person familiar with the matter....22:52 2019-07-12

German chipmaker Infineon to buy Cypress for $10 billion MADRID (AP) — German chipmaker Infineon is buying U.S.-based Cypress Semiconductor Corp. for more than $10 billion.
Infineon will pay $23.85 for each outstanding share of Cypress in the deal, which is expected to close late this year or early in 2020. The companies said the sale price represents a 4...13:26 2019-06-03

Billion-year-old fossils may be early fungus Enlarge (credit: Loron, et. al.)
When did the first complex multicellular life arise? Most people, being a bit self-centered, would point to the Ediacaran and Cambrian, when the first animal life appeared and then diversified. Yet studies of DNA suggest that fungi may have originated far earlier t...03:13 2019-05-23

Google Photos hit a billion users in just over four years Google has confirmed Google Photos now has more than a billion users. It surpassed the milestone earlier this summer, a little over four years after it unveiled Photos, Google told Fast Company in a profile of the service....23:13 2019-07-24

Facebook’s Getting Slapped With a $5 Billion FTC Privacy Settlement The U.S. Federal Trade Commission approved a record privacy settlement against Facebook requiring the social media company to pay about $5 billion to resolve an investigation stemming from the Cambridge Analytica data scandal.
The FTC’s settlement was approved by a vote of 3-2, according to tw...00:52 2019-07-13

The Latest: House OKs $19.1 billion disaster aid bill WASHINGTON (AP) — The Latest on the House vote on a $19.1 billion disaster aid bill (all times local):
7 p.m.
The House has given final approval to a long-delayed $19.1 billion disaster aid bill. That clears the way for the measure to be sent to President Donald Trump for his expected signature.
The...01:52 2019-06-04

Simjacker attack could affect a billion smartphones A new SIM card flaw has been discovered by security researchers who say that more than a billion smartphones could be at risk as threat actors are currently exploiting it in the wild.The vulnerability, called Simjacker, was found in mobile SIM cards by researchers at AdaptiveMobile Security and it i...19:39 2019-09-14

Beverly Hills property once asking $1 billion sells for just $100,000 A 157-acre “mountain” in Beverly Hills, which hit the market last year asking a princely $1 billion, has sold at auction for the remarkably paltry sum of $100,000. That’s a whopping 10,000 percent discount. The property in the famed 90210 Zip code was last asking $650 million. The lucky buyer ...19:13 2019-08-21

Boeing sinks to $3 billion loss on MAX groundings Boeing Co reported a nearly $3 billion second-quarter loss on Wednesday as the world's largest planemaker struggles with the prolonged grounding of its best-selling 737 MAX jet, sending its shares down 1% in premarket trading....15:26 2019-07-24

Facebook has taken down over 2 billion fake accounts in 2019 Facebook took down 2.19 billion fake accounts during the first quarter of 2019, the company announced today. In addition to that, Facebook said it disabled 1.2 billion fake accounts in Q4 2018. These numbers are quite staggering when you consider tha......18:26 2019-05-23

Earth’s water came from a collision 4 billion years ago Water arrived on Earth at exactly the same time that the moon was created over 4 billion years ago, according to a new study. This phenomenon is thought to have happened when an “ancient planet” called Theia smashed into Earth. Planetologists at the University of Münster in Germany have ...00:52 2019-05-24

How China Is Planning to Rank 1.3 Billion People China has a radical plan to influence the behavior of its 1.3 billion people: It wants to grade each of them on aspects of their lives to reflect how good (or bad) a citizen they are. Versions of the so-called social credit system are being tested in a dozen cities with the aim of eventually creatin...11:13 2019-06-04

Mozambique Says It Needs $3.2 Billion to Recover After Deadly Cyclones (JOHANNESBURG) — Mozambique says it needs $3.2 billion to recover from a pair of powerful tropical cyclones that ripped into the southern African nation earlier this year and left hundreds dead, raising alarm about the effects of climate change on coastal nations.
That’s according to a g...14:13 2019-05-30

Islanders get approval for $1.3 billion arena project The New York state board responsible for economic development has approved a $1.3 billion project to build 19,000-seat arena that will be the new home of the New York Islanders as well as a 350,000-square-foot entertainment complex, according to a report by Newsday....09:52 2019-08-10

Carmakers Have $372 Billion Incentive To Defy Trump Trump on Wednesday lobbed baseless accusations at Ford Motor, which along with BMW, Honda Motor and Volkswagen recently sided with the Golden State. But the financial case for greener vehicles is......19:26 2019-08-24

US seeks $12.7 billion from drug lord 'El Chapo' Citing years of narcotics trafficking, US prosecutors have called for "El Chapo" to forfeit billions in drug money. But his lawyer dismissed the request, saying "the government has never located or identified a penny."...11:00 2019-07-06

Mexico's Pemex Sells Bonds for $7.5 Billion in Refinancing Pemex said the refinancing operation is the largest in its history, and that all of the money will be used to refinance existing debt. It was the state oil company’s first foray into international capital markets this year....06:00 2019-09-13

UN: World population expected to rise to 9.7 billion in 2050 UNITED NATIONS (AP) — The United Nations says the world’s population is getting older and growing at a slower pace but is still expected to increase from the current 7.7 billion to 9.7 billion in 2050.
The U.N. Department of Economic and Social Affairs’ Population Division said in a repo...20:26 2019-06-17

Facebook to pay record $5 billion fine over privacy violations Facebook will pay a record-breaking $5 billion fine to resolve a government probe into its privacy practices and the social media giant will restructure its approach to privacy, the US Federal Trade Commission said on Wednesday. The FTC voted 3-2 along party lines to adopt the settlement, which requ...16:39 2019-07-24

Bayer to sell chemicals unit Currenta for €3.5 billion The sale is part of Bayer's plan to divest from non-strategic ventures, after its purchase of US firm Monsanto. Bayer has been dogged by a wave of lawsuits after the merger, which has sent its shares tumbling....14:26 2019-08-07

GM's self-driving unit is close to receiving a $2.25 billion boost It took more than a year, but GM's self-driving company is close to receiving a giant cash infusion. Cruise Automation confirmed to Reuters that the Committee on Foreign Investment in the US (CFIUS) had approved SoftBank's $2.25 billion investment i......02:52 2019-07-07

Monthly US trade deficit rises slightly to $72.1 billion The U.S. Census Bureau reported Thursday that the international trade deficit in goods rose to $72.1 billion in April, up a marginal 0.3% from March's level of $71.9 billion according to an "advance look" at the data. The shift was due to exports dropping at a faster rate than imports....19:52 2019-05-30

Struggling Deutsche Bank suffers $3.5 billion loss Deutsche Bank reported a bigger than forecast quarterly loss of 3.15 billion euros ($3.5 billion), underlining the challenges it faces as it attempts to turn around its struggling business. Deutsche Bank had this month flagged it would lose around 2.8 billion euros in the quarter when it announced a...16:39 2019-07-24

Google Makes Housing Commitment Valued at $1 Billion Google said it would commit $1 billion to boost housing construction in the San Francisco Bay Area, the latest in a series of commitments by tech companies to address an affordability crisis in the region....04:39 2019-06-19

Bayer to invest 5 billion euros in weedkiller research Bayer, the German crop science and chemicals group reeling from U.S. litigation over claims its glyphosate pesticide causes cancer, said on Friday it would invest 5 billion euros ($5.64 billion) in weedkiller research....11:26 2019-06-14

Raiders' stadium cost in Vegas soars to $1.9 billion The high stakes for building an NFL stadium for the Raiders in Las Vegas continues to rise with the latest cost estimate now coming in at $1.9 billion, according to the Las Vegas Review-Journal....02:00 2019-07-20

Deutsche Bank to cut 18,000 jobs in 7.4 billion euro overhaul Deutsche Bank is to ax vast swathes of its trading desks in one of the biggest overhauls to an investment bank since the aftermath of the financial crisis, in a restructuring that will see 18,000 jobs go and cost 7.4 billion euros....21:52 2019-07-07

Elanco to buy Bayer's animal health unit for $7.6 billion Elanco Animal Health said on Tuesday it would buy Bayer's veterinary drugs unit in a cash and stock deal valued at $7.6 billion, creating the second largest animal health business and expanding Elanco's reach in the pet e-commerce space....13:00 2019-08-20

United Technologies, Raytheon merging into $120 billion firm United Technologies agreed on Sunday to combine its aerospace business with US contractor Raytheon and create a new company worth about $121 billion, in what would be the sector’s biggest ever merger. The deal would reshape the competitive landscape by forming a conglomerate which spans commercial a...17:00 2019-06-10

Kraft Heinz Writes Down $1.2 Billion as Brands Wither Kraft Heinz reported falling sales and wrote down the value of its brands for the second time in six months, as the food maker struggles to improve its products to satisfy shifting consumer tastes....00:13 2019-08-09

Britain’s Ineos to invest $2 billion in Saudi plants MADRID (AP) — British petrochemicals maker Ineos is investing $2 billion to build three plants in Saudi Arabia, as western companies appear to be shedding their reluctance to do business with the kingdom following the killing of Washington Post columnist Jamal Khashoggi by Saudi agents in Turkey las...13:26 2019-06-03

Google appeals $1.7 billion EU fine over restrictive ad contracts As was expected, Google is appealing a €1.49 billion ($1.7 billion) fine laid against it by the European Commission related to its AdSense advertising business. Antitrust officials found that, in contracts with major sites between 2006 and 2016,......18:13 2019-06-05

Study finds the universe might be 2 billion years younger New calculations suggest the universe could be a couple billion years younger than scientists now estimate -- and even younger than suggested by two other calculations published this year that trimmed hundreds of millions of years from the age of the cosmos....16:26 2019-09-13

Anheuser-Busch seeks $9.8 billion in 2019’s largest IPO Brewing giant Anheuser-Busch InBev NV is seeking to raise up to $9.8 billion by listing its Asia-Pacific business in Hong Kong, marking what would be the world’s largest initial public offering this year. Budweiser Brewing Company APAC, whose portfolio of more than 50 beer brands includes Stella Art...01:00 2019-07-03

Anadarko approves $20 billion LNG export project in Mozambique U.S. energy firm Anadarko Petroleum Corp gave the go-ahead on Tuesday for the construction of a $20 billion gas liquefaction and export terminal in Mozambique, the largest single LNG project approved in Africa, according to the government of Mozambique and energy consultancy Wood Mackenzie....22:00 2019-06-18

FTC hits Facebook officially with record $5 billion fine The Federal Trade Commission charged Facebook on Wednesday a record-breaking $5 billion penalty for violating a 2012 order by the commission related to fooling users about their ability to control privacy....19:26 2019-07-24

United Technologies, Raytheon both gain on $121 billion merger Stock market investors gave their seal of approval to the $121 billion merger of defense contractor Raytheon Co and United Technologies Corp on Monday, pushing shares of both companies higher after the surprise weekend announcement....15:01 2019-06-10

Apple posts Q3 earnings: Revenue hits $53.8 billion As far as Apple’s earnings are concerned, the June quarter isn’t necessarily exciting in and of itself. After all, the quarter doesn’t encapsulate the always-busy holiday shopping season or the back-to-school rush where students shell out cash for new iPads and Macs. Still, as one ...17:39 2019-07-31

Germany’s Deutsche Bahn €3 billion short on cash German auditors recommended the rail company sell parts of its business or risk being unable to finance itself. But some say the state has let down its national train service....18:52 2019-09-13

Here’s Why Apple Just Spent $1 Billion to Buy Intel’s Modem Business Apple is buying Intel’s struggling cellular modem unit, bringing on key engineering talent and patents that will allow the technology giant to more quickly develop crucial components to connect its devices to the mobile internet.
The deal is valued at $1 billion, Intel said in an announcement ...18:00 2019-07-31

China's Central Bank to Free Up $126 Billion for Lending The People’s Bank of China plans to reduce the amount of reserves that commercial banks are required to keep with the central bank by half a percentage point as the world’s second-largest economy faces increasing pressure from a trade war with the U.S....15:13 2019-09-06

Microsoft Word smashes billion installs on Android Microsoft Word has been downloaded and installed more than one billion times on Google Play, joining a very small club of non-Google or Facebook-owned apps that have hit that target. What makes this feat even more incredible is that Google Docs (and the rest of Google Suite) is already installe...22:26 2019-07-15